QuickBooks releases new versions of its popular accounting software each year. With the launch of QuickBooks Desktop 2024, many small business owners are eager to learn about the new features and capabilities. However, one of the first questions is always: How much does it cost to upgrade to the latest version?
This guide will break down the QuickBooks Desktop 2024 pricing and costs for different license types. Read on for details on upgrade fees and tips on getting the best deal on Intuit's newest QuickBooks release.
Upgrade QuickBooks Desktop 2024:
The cost of upgrading QuickBooks depends on the specific license type you currently have.
Upgrade QuickBooks Desktop 2024: QuickBooks Pro Pricing
For QuickBooks Pro, the normal upgrade price is $299.95 per license.
So if you have 3 users or licenses now, it would cost $299.95 x 3 = $899.85 to upgrade all licenses.
Upgrade QuickBooks Desktop 2024: QuickBooks Premier Pricing
To upgrade QuickBooks Premier to the latest version, it costs:
$399.95 for the first license
$299.95 per additional license
For example, upgrading from Premier with 5 licenses would be $399.95 + $299.95 x 4 = $1,598.75.
Upgrade QuickBooks Desktop 2024: QuickBooks Enterprise Solutions
QuickBooks Enterprise has tiered pricing that depends on the plan (Silver, Gold, or Platinum) and number of user licenses.
Silver: Starts at $1,200 per year for 1 user.
Gold: Starts at $2,400 per year for 1 user.
Platinum: user.: Starts at $4,000 per year for 1 user.
Enterprise pricing goes up as you add more user licenses. The above are upgrade prices for existing Enterprise subscribers.
Upgrade QuickBooks Desktop 2024: Consider Subscribing to QB Online
An alternative to upgrading desktop versions annually is to switch to QuickBooks Online (QBO), the cloud subscription version.
QBO starts at $25/month for Simple Start, $40/month for Essentials, and $80/month for Plus. Add-on apps and additional users cost more per month.
The subscription model means you get new features, upgrades, and support automatically. There's no need to pay for major version upgrades.
For freelancers and very small businesses, QBO can cost less than upgrading QuickBooks Desktop every 2-3 years. However, QBO lacks some advanced functionality for larger businesses.
Upgrade QuickBooks Desktop 2024: Payment Options
You can purchase or upgrade to QuickBooks Desktop in several ways:
Buy directly from Intuit. They accept payment by credit or debit card or PayPal.
Pay through resellers: Many third-party sites accept credit or debit cards or PayPal.
Use financing: Pay for QuickBooks over 6–12 months through intuitive financing or PayPal credit.
Submit a purchase order. Enterprise users can pay via purchase orders.
Review the payment and billing options to choose the best method for your business.
Upgrade QuickBooks Desktop 2024: Is a Free Trial Available?
Unfortunately, Intuit does not offer free trials for QuickBooks Desktop. However, they do provide a 30-day money-back guarantee.
If you upgrade and are unsatisfied with QuickBooks Desktop 2024 for any reason within the first 30 days, you can get a full refund of the purchase price.
You can request the refund through Intuit customer support. This essentially serves as a free 30-day risk-free trial.
Upgrade QuickBooks Desktop 2024: Timing Your Purchase
One way to save money on QuickBooks Desktop upgrades is to time your purchase.
Buy close to the release date. Intuit offers discounts around major version launches.
Purchase near year-end. Look for deals on older versions around the holidays.
Buy during tax season: Intuit runs promotions during the busy season in early spring.
Add licenses off-season: It's cheaper to add licenses mid-year rather than when upgrading major versions.
Review the trends and look for seasonal sales throughout the year.
Upgrade QuickBooks Desktop 2024: Bundling Can Be Cheaper
You may get a discount when bundling QuickBooks Desktop 2024 upgrades with other services.
Add QuickBooks Payroll: Discount if purchased with a desktop upgrade
Upgrade multiple seats: volume discounts when upgrading multiple licenses.
Add QuickBooks Live Bookkeeping—a bundle discount for adding coaching services.
Purchase support plans: discount with upgrade bundles that include priority support.
Look at the different bundles Intuit offers at higher tiers and when combined with services.
Upgrade QuickBooks Desktop 2024: Consider Cost vs. Benefits
With an understanding of QuickBooks Desktop 2024 pricing, you can better weigh the upgrade costs versus benefits for your business:
Do the new features justify the expense of upgrading?
Is your current version still working to meet your needs?
Will upgrading improve productivity or operations?
Does switching to QuickBooks Online make more financial sense?
What discounts or bundles can you utilize?
Make sure upgrading makes sense rather than overpaying for features you may not use. Consult with your accountant to help you decide based on your specific accounting needs.
Upgrade QuickBooks Desktop 2024: Get the Latest Features
While it represents an added expense, upgrading to QuickBooks Desktop 2024 enables you to benefit from the latest features and improvements, such as:
Automated bank transaction matching
Enhanced search and filters
Faster report generation
Custom fields for transactions
Revamped memos
Smart payment reminders
And many more new capabilities!
For many businesses, the boost in productivity, efficiency, and usability is well worth the upgrade cost.
Upgrade QuickBooks Desktop 2024: Conclusion
Determining if upgrading to QuickBooks Desktop 2024 fits your budget means understanding Intuit's pricing for different license types. While discounts are available, you still need to weigh the benefits versus the expenses.
By timing your purchase right and shopping for the best deals, you can get the latest version at the most affordable price. Consider bundled offerings as well.
With the right research and planning, you can upgrade to QuickBooks 2024 to enjoy the newest features while managing software costs for your small business. Reach out to Intuit Sales or your accounting advisor for help determining the best solution for your accounting needs and budget.